American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s): AHOTF | T.HOT.UN

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

TSX:HOT.DB.V - Post by User

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures > Cash flow

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Comment by Capharnaumon May 12, 2021 9:15pm

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Post# 33189040

RE:Cash flow

pointer wrote: Didn't they say they would be cash flow positive when occupancy rose above 50%, and yet at 60% occupancy they are still cash flow negative?

They had $2.6M in one-time non-recurring charges. If you exclude that, their FFO would have been positive at $0.6M.

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